$1,352,000
SOLD AUG 1, 2024

12024 Cambridge Square Dr Cornelius, NC 28031

4 Beds
3.5 Baths
3,818 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$354 Per Sq Ft

2% Above List Price

1 Day on Market

Highlights

  • In Ground Pool
  • Fireplace
  • Tankless Water Heater
  • Bailey Middle School Rated A-
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of August 2024

Welcome to Cambridge Square, a luxury quaint gated community close to Lake Norman with multiple marinas and boat clubs near by. This home is a rare find in the heart of Cornelius. It is two years young and an entertainer's dream with seamless flow, including slider doors to the beautiful backyard oasis. No upgrades spared, including 10' ceilings, hardwood floors throughout, a scullery, a cooks kitchen with stainless steel appliances, a custom-designed Anthony Sylvan pool with hot tub, and to many others to name. Incredible opportunity to live the lake life with ease.

Last Agent to Sell the Property

Hali Jaffe

Allen Tate Charlotte South Brokerage Email: hali.jaffe@allentate.com License #297945 Listed on: 05/29/2024

Allen Tate Charlotte South

Last Buyer's Agent

Sue Nichols

Realty ONE Group Select License #274489

Realty ONE Group Select

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,244

Year Built

  • Built in 2022

Lot Details

  • Fenced
  • Irrigation
  • Property is zoned NMX

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Washer and Electric Dryer Hookup

Kitchen

  • Built-In Convection Oven
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

Pool

  • In Ground Pool
  • Spa

Schools

  • J.V. Washam Elementary School
  • Bailey Middle School
  • William Amos Hough High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater

Community Details

  • Cambridge Square Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 00186216

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,244

Year Built

Built in 2022

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2022
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 354.11
  • Geocode Confidence: Low
  • Attribution Contact: hali.jaffe@allentate.com
  • Special Features: 4098

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1554
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 2264
  • Appliances: Convection Oven, Dishwasher, Exhaust Fan, Exhaust Hood, Freezer, Microwave, Refrigerator, Tankless Water Heater, Wall Oven
  • Above Grade Finished Sq Ft: 3818
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 3818
  • Bedroom Main: 1
  • Room Count: 12

Exterior Features

  • Exterior Features: Hot Tub, In-Ground Irrigation, In Ground Pool
  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Fenced
  • Exclusions: refrigerator/freezer in garage, Washer & Dryer
  • Construction Type: Brick Partial, Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Sink, Upper Level, Washer Hookup
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 675
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Association Annual Expense: 2700.00

Schools

  • Middle Or Junior School: Bailey
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.14
  • Lot Size Units: Acres
  • Parcel Number: 00186216
  • ResoLotSizeUnits: Acres
  • Zoning Specification: NMX

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: J.V. Washam
  • High School: William Amos Hough

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 23, 2024
Sold by
Sutton Brian J and Geisler Justin
Bought by
Marks Paul R and Marks Alise Citrin
Seller's Agent
Hali Jaffe
Allen Tate Charlotte South
Buyer's Agent
Sue Nichols
Realty ONE Group Select
List Price
$1,324,900
Sold Price
$1,352,000
Premium/Discount to List
$27,100
2.05%
Total Days on Market
1
Views
12
Current Estimated Value
$1,347,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,168
Avg. Annual Appreciation
-0.35%
Original Mortgage
$352,000
Outstanding Balance
$349,584
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$998,248

Purchase Details

Closed on
Jul 8, 2022
Sold by
Barringer Homes Llc
Bought by
Sutton Brian J and Geisler Justin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$874,586
Interest Rate
5.1%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,352,000 Tryon Title
Warranty Deed $2,147 Southern Law Group
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,000 New Conventional
Previous Owner $874,586 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $1,352,000 +2.0% $354 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $1,324,900 0.0% $347 / Sq Ft
05/23/2024 05/23/24 Price Changed $1,324,900 -- $347 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $6,244 $959,390 $250,000 $709,390
2022 $1,698 $200,000 $200,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4138054

Canopy MLS (Canopy Realtor® Association)

APN: 001-862-16